Bill Text: VA HB350 | 2014 | Regular Session | Prefiled
Bill Title: Enterprise zones; expands criteria for designation.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2014-02-07 - Continued to 2015 in Counties, Cities and Towns by voice vote [HB350 Detail]
Download: Virginia-2014-HB350-Prefiled.html
14102576D Be it enacted by the General Assembly of Virginia: 1. That §59.1-545 of the Code of Virginia is amended and reenacted as follows: §59.1-545. Application review. A. After announcement of a periodic zone designation application process, the Department shall review each application upon receipt and secure any additional information that it deems necessary for the purpose of evaluating the need and potential impact of a zone designation. B. The Department shall complete review of the applications within 60 days of the last date designated for receipt of an application. After review of the applications the Director of the Department shall recommend to the Governor those applications with the greatest potential for accomplishing the purpose of this chapter. If an application is denied, the governing body shall be informed of that fact, along with the reasons for the denial. C. Consideration for enterprise zone designations shall be
based upon the |